14
May
14:44
Turkish scrap prices continue to weaken
Imported scrap prices in Turkey have continued to weaken on a fresh deal concluded from the EU on Monday.
A Marmara mill bought Germany-origin HMS 1&2 75:25 at $375/tonne and bonus grade at $400/t cfr Turkey, for shipment in the second half of June.
In contrast to expectations, demand for imported scrap has been weak so far this week, weighing on prices.
A Turkish mill tells Kallanish that $375/t for EU-origin is no longer acceptable, even for HMS 1&2 80…
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Anonymous
Very good overview of the weekly steel market.
Anonymous